-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SJoi5+Sf/jbo7UsjMFQLUlWSLGs3xvDhHGYuvyG2l1ZjPefwgW8IBusgYicvHJ4U pLj+61BU35Nf2LSMDpwpdw== 0000941965-03-000032.txt : 20030319 0000941965-03-000032.hdr.sgml : 20030319 20030319100634 ACCESSION NUMBER: 0000941965-03-000032 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030319 GROUP MEMBERS: BETTY A. MORGAN GROUP MEMBERS: DC INVESTMENTS, LLC GROUP MEMBERS: DIAMOND INVESTMENTS, LLC GROUP MEMBERS: DW LEASING COMPANY, LLC GROUP MEMBERS: JUDY B. LAIKIN GROUP MEMBERS: NATIONAL LAMPOON ACQUISITION GROUP, LLC GROUP MEMBERS: PAUL SKJODT GROUP MEMBERS: SAMERIAN LLP GROUP MEMBERS: TIMOTHY S. DURHAM FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LAIKIN DANIEL S CENTRAL INDEX KEY: 0001088709 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 25 WEST 9TH STREET CITY: INDIANAPOLIS STATE: IN ZIP: 46204 BUSINESS PHONE: 3177567777 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL LAMPOON INC CENTRAL INDEX KEY: 0000798078 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812] IRS NUMBER: 954053296 STATE OF INCORPORATION: CA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38901 FILM NUMBER: 03608518 BUSINESS ADDRESS: STREET 1: 10850 WILSHIRE BLVD STE 1000 CITY: LOS ANGELES STATE: CA ZIP: 90024 BUSINESS PHONE: 3104745252 MAIL ADDRESS: STREET 1: 10850 WILSHIRE BLVD STREET 2: SUITE 1000 CITY: LOS ANGELES STATE: CA ZIP: 90024 FORMER COMPANY: FORMER CONFORMED NAME: J2 COMMUNICATIONS DATE OF NAME CHANGE: 19880308 FORMER COMPANY: FORMER CONFORMED NAME: J2 TELECOMMUNICATIONS DATE OF NAME CHANGE: 19890731 FORMER COMPANY: FORMER CONFORMED NAME: J2 COMMUNICATIONS /CA/ DATE OF NAME CHANGE: 19920703 SC 13D/A 1 nlamdt24.txt SCHEDULE 13D AMENDMENT NO. 24 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 24)* NATIONAL LAMPOON, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 636637100 (CUSIP Number) DAVID B. MILLARD, ESQ. STEPHEN J. DUTTON, ESQ. Leagre Chandler & Millard LLP 1400 First Indiana Plaza 135 North Pennsylvania Street Indianapolis, Indiana 46204-2415 (317) 808-3000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 15, 2003 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d 1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) DANIEL S. LAIKIN - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS PF,OO - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 2,041,693* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 397,521* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 2,041,693* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 397,521* - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,439,214* - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 54.2%* - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- * Includes shares of Common Stock that may be acquired pursuant to options and warrants and upon conversion of shares of Series B Convertible Preferred Stock. See Item 5. SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) PAUL SKJODT - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS PF - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION CANADA - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 534,747* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 397,521* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 534,747* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 397,521* - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 932,268* - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 25.2%* - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- * Includes shares of Common Stock that may be acquired pursuant to options and warrants and upon conversion of shares of Series B Convertible Preferred Stock. See Item 5. SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) SAMERIAN, LLP - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Indiana - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 20,000 ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 20,000 ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 20,000 - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.3% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------- SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) TIMOTHY S. DURHAM - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS PF - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 765,094* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 788,960* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 765,094* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 788,960* - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,554,054* - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 38.8%* - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- * Includes shares of Common Stock that may be acquired pursuant to options and warrants and upon conversion of shares of Series B Convertible Preferred Stock. See Item 5. SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) DIAMOND INVESTMENTS, LLC - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Indiana - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 92,399 ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 92,399 ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 92,399 - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.2% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------- SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) DW LEASING COMPANY, LLC - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Indiana - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 17,350 ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 17,350 ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,350 - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.2% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------- SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) JUDY B. LAIKIN - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS PF - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 26,000 ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 26,000 ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 26,000 - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.7% - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) NATIONAL LAMPOON ACQUISITION GROUP LLC - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 397,521* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 397,521* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 397,521* - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.3%* - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------- * See Item 5. SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) DC INVESTMENTS, LLC - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Indiana - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 281,690* ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 0 ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 281,690* ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 281,690* - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6%* - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------- * Includes shares of Common Stock that may be acquired pursuant to options and warrants and upon conversion of shares of Series B Convertible Preferred Stock. See Item 5. SCHEDULE 13D (Amendment No. 24) - ------------------------------------------------------------------------------- CUSIP No. 636637100 - ------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) BETTY A. MORGAN - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [_] - ------------------------------------------------------------------------------- 3. SEC USE ONLY - ------------------------------------------------------------------------------- 4. SOURCE OF FUNDS OO - ------------------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - ------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ------------------------------------------------------------------------------- NUMBER OF 7. SOLE VOTING POWER SHARES 0 ----------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY 251,693* ----------------------------------- EACH REPORTING 9. SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------- WITH 10. SHARED DISPOSITIVE POWER 251,693* - ------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 251,693* - ------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] - ------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.9%* - ------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- * Includes shares of Common Stock that may be acquired pursuant to options and warrants and upon conversion of shares of Series B Convertible Preferred Stock. See Item 5. AMENDMENT NO. 24 TO SCHEDULE 13D The Schedule 13D filed with the U.S. Securities and Exchange Commission on June 17, 1999, by Daniel S. Laikin and Paul Skjodt relating to the common stock, $0.0001 par value per share (the "Common Stock"), of National Lampoon, Inc., a Delaware corporation (formerly J2 Communications, a California corporation) (the "Issuer"), as amended on June 22, 1999, July 1, 1999, July 23, 1999, September 3, 1999, September 17, 1999, November 22, 1999, July 20, 2000, July 25, 2000, August 11, 2000, March 6, 2001, April 2, 2001, November 19, 2001, November 21, 2001, December 17, 2001, January 31, 2002, May 2, 2002, June 7, 2002, July 10, 2002, September 27, 2002, October 15, 2002, November 21, 2002 and January 22, 2003 is hereby amended to furnish the information as set forth herein. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Item 4 is incorporated herein by reference. ITEM 4. PURPOSE OF TRANSACTION As reported in previous amendments to this Statement, on May 17, 2002, the Issuer granted one of the Reporting Persons, National Lampoon Acquisition Group, LLC ("NLAG"), an option for it or its designees to purchase up to 29,256 units for a purchase price of $100 per Unit (the "NLAG Option"). Each unit covered by the NLAG Option consists of one share of the Company's Series B Convertible Preferred Stock and a warrant to purchase 28.169 shares of the Company's Common Stock at a purchase price of $3.55 per share prior to the second anniversary of the date of the issuance of the warrant and $5.00 per share from and after such anniversary (the "Units"). The NLAG Option was granted pursuant to a Preferred Stock and Warrant Purchase Agreement, dated April 25, 2002, as amended May 17, 2002 (the "Purchase Agreement"), among the Company, NLAG, Daniel S. Laikin, Timothy S. Durham, Paul Skjodt, and certain others. The Purchase Agreement provided that the NLAG Option was exercisable on or before the earlier of January 25, 2003 or ninety days after the Common Stock was relisted for trading on the Nasdaq SmallCap Market or listed on any other national exchange or quotation system. As of January 21, 2003, Messrs. Laikin, Durham and Skjodt, together with certain other designees, had exercised the NLAG Option with respect to 22,163 Units (for an aggregate purchase price of $2,216,300), leaving 7,093 Units available for exercise. On January 21, 2003, the Company's Board of Directors authorized and approved an extension of the period for exercising the NLAG Option from January 25, 2003, until March 31, 2003. On that date, the Board of Directors also increased the number of Units covered by the NLAG Option by 2,663 Units. NLAG has continued to assign its rights to exercise the NLAG Option to certain of the Reporting Persons as its designees. In addition to the designations and exercises of the NLAG Option reported in earlier amendments to this Statement, Mr. Laikin and Mr. Durham, using personal funds, have each exercised the NLAG Option as follows: No. Units Purchased Date of Exercise Designee Upon Exercise 02/15/03 Daniel S. Laikin 850 02/15/03 Timothy S. Durham 850 02/05/03 Daniel Laikin 500 02/05/03 Timothy S. Durham 500 01/21/03 Daniel L. Laikin 1,500 01/21/03 Timothy S. Durham 1,500 01/08/03 Daniel S. Laikin 250 01/08/02 Timothy S. Durham 250 ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As of the close of business on February 15, 2003, the Reporting Persons (referred to herein at times collectively as the "NLAG Group") may be deemed to beneficially own, in the aggregate, 4,408,187 shares of Common Stock, representing approximately 84.0% of the Issuer's outstanding Common Stock (based upon information from the Issuer that 1,501,190 shares of Common Stock were outstanding on February 15, 2003, and including the shares of Common Stock the Reporting Persons have the right to acquire pursuant to the options, warrants and conversion rights reported in this Item 5). (b) The individual members of the NLAG Group have the following holdings: (1) Mr. Durham directly owns 73,200 shares of Common Stock, 12,148 shares of Series B Convertible Preferred Stock ("Series B Preferred") and warrants to acquire 342,197 shares of Common Stock (subject to the warrant that Mr. Durham has granted to a third party to acquire 50,000 shares of Common Stock). He has the right to acquire 7,500 shares of Common Stock pursuant to stock options granted under the Issuer's Amended and Restated 1999 Stock Option, Defined Stock and Restated Stock Plan (the "Option Plan"). Mr. Durham may be deemed to share voting and dispositive power with respect to the securities listed below for Diamond Investments, LLC and DC Investments, LLC, for both of which Mr. Durham serves as Managing Member, and DW Leasing Company, LLC, in which Mr. Durham has an ownership interest. (2) Mr. Laikin directly owns 168,150 shares of Common Stock, 31,439 shares of Series B Preferred and warrants to acquire 885,605 shares of Common Stock (subject to the warrant that Mr. Laikin has granted to a third party to acquire 50,000 shares of Common Stock). He also has the right to acquire 102,333 shares of Common Stock pursuant to stock options granted under the Option Plan. (3) Mr. Skjodt directly owns 141,050 shares of Common Stock, 6,500 shares of Series B Preferred and warrants to acquire 183,099 shares of Common Stock. He also has the right to acquire 7,500 shares of Common Stock pursuant to stock options granted under the Option Plan. He may be deemed to share voting and dispositive power with respect to the securities listed below for Samerian LLP, in which Mr. Skjodt is a Partner. (4) Diamond Investments, LLC directly owns 92,399 shares of Common Stock. (5) DC Investments, LLC directly owns 5,000 shares of Series B Preferred and warrants to purchase 140,845 shares of Common Stock. (6) Judy B. Laikin directly owns 26,000 shares of Common Stock. (7) Samerian LLP directly owns 20,000 shares of Common Stock. (8) DW Leasing Company, LLC directly owns 17,350 shares of Common Stock. (9) As of February 15, 2003, 7,056 Units remained available for designation or exercise by NLAG under the NLAG Option. (10) Ms. Morgan is the income beneficiary of the Zimmer N Trust (the "Trust") and shares investment control of the Trust's assets. The Trust holds 121,721 shares of Common Stock, 2,307 shares of Series B Preferred and warrants for 64,986 shares of Common Stock. Each member of the NLAG Group may be deemed to beneficially own securities beneficially owned by the other members of the NLAG Group. Each member of the NLAG Group disclaims beneficial ownership of the securities held by the other members of the NLAG Group. Information on the percentage of the shares of Common Stock beneficially owned by each of the Reporting Persons is included in the cover pages to this Amendment No. 24 and is incorporated herein by reference. (c) Other than the transactions reported in Item 4, no other transactions have been effected by the Reporting Persons since those transactions reported in Amendment No. 23 to this Schedule 13D filed on January 22, 2003. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. A. Joint Filing Agreement Pursuant to Regulationss.240.13d-1(k). B. Preferred Stock and Warrant Purchase Agreement, dated April 25, 2002. C. First Amendment to Preferred Stock and Warrant Purchase Agreement, dated May 17, 2002. D. First Amendment to Voting Agreement, dated June 6, 2002. E. Mutual Release, dated May 17, 2002, among the Issuer, James P. Jimirro and the members of the NLAG Group. F. Employment Agreement, dated May 17, 2002, between the Issuer and Daniel S. Laikin. G. Non-Qualified Stock Option Agreement, dated May 17, 2002, between the Issuer and Daniel S. Laikin. H. Letter, dated May 17, 2002, regarding Termination of Surviving Provisions of Letter Agreement, from the Issuer to Daniel S. Laikin and Paul Skjodt. I. Form of Common Stock Warrant (including schedule identifying material terms). J. Option Transfer Agreement, dated November 12, 2002. K. Second Amendment to Voting Agreement, dated October 4, 2002. L. Assumption and Adherence Agreement, dated October 4, 2002. M. Form of Warrant Agreement and Schedule Identifying Material Details. N. Limited Power of Attorney of Timothy S. Durham. O. Limited Power of Attorney of Paul Skjodt. P. Limited Power of Attorney of Judy B. Laikin. SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: March 18, 2003 /s/ Daniel S. Laikin - ------------------------------------ DANIEL S. LAIKIN NATIONAL LAMPOON ACQUISITION GROUP, LLC * - ------------------------------------ By: Daniel S. Laikin Its: Managing Member * - ------------------------------------ PAUL SKJODT SAMERIAN LLP * - ------------------------------------ By: Paul Skjodt Its: Managing Member * - ------------------------------------ JUDY B. LAIKIN /s/ Betty A. Morgan - ------------------------------------ BETTY A. MORGAN * - ------------------------------------ TIMOTHY S. DURHAM DIAMOND INVESTMENTS, LLC * - ------------------------------------ By: Timothy S. Durham Its: Managing Member DW LEASING COMPANY, LLC * - ------------------------------------ By: Timothy S. Durham Its: Managing Member DC INVESTMENTS, LLC * - ------------------------------------ By: Timothy S. Durham Its: Managing Member * By: /s/ Daniel S. Laikin ------------------------------ Daniel S. Laikin Attorney-in-Fact EXHIBIT INDEX Exhibit No. Description A Joint Filing Agreement Pursuant to Regulation ss.240.13d-1(k). B Preferred Stock and Warrant Purchase Agreement, dated as of April 25, 2002. This Exhibit is incorporated by reference to Exhibit 99.1 to the Form 8-K filed by the Issuer on April 29, 2002. C First Amendment to Preferred Stock and Warrant Purchase Agreement, dated May 17, 2002. This Exhibit is incorporated by reference to Exhibit 10.1 in the Issuer's Form 8-K filed on May 31, 2002. D First Amendment to Voting Agreement dated June 6, 2002. This Exhibit is incorporated by reference to Exhibit D to Amendment No. 18 to Schedule 13D filed on June 7, 2002. E Mutual Release, dated May 17, 2002, among the Issuer, James P. Jimirro and the members of the NLAG Group. This Exhibit is incorporated by reference to Exhibit 10.7 in the Issuer's Form 8-K filed on May 31, 2002. F Employment Agreement, dated May 17, 2002, between the Issuer and Daniel S. Laikin. This Exhibit is incorporated by reference to Exhibit 10.9 in the Issuer's Form 8-K filed on May 31, 2002. G Non-Qualified Stock Option Agreement, dated May 17, 2002, between the Issuer and Daniel S. Laikin. This Exhibit is incorporated by reference to Exhibit 10.10 in the Issuer's Form 8-K filed on May 31, 2002. H Letter, dated May 17, 2002, regarding Termination of Surviving Provisions of Letter Agreement, from the Issuer to Daniel S. Laikin and Paul Skjodt. This Exhibit is incorporated by reference to Exhibit 10.12 in the Issuer's Form 8-K filed on May 31, 2002. I Form of Common Stock Warrant, dated May 17, 2002 (including schedule identifying material terms). This Exhibit is incorporated by reference to Exhibit 10.16 in the Issuer's Form 8-K filed on May 31, 2002. J Option Transfer Agreement, dated November 12, 2002. This Exhibit is incorporated by reference to Exhibit J in Amendment No. 22 to this Schedule 13D filed on November 21, 2002. K Second Amendment to Voting Agreement, dated October 4, 2002. This Exhibit is incorporated by reference to Exhibit K in Amendment No. 21 to this Schedule 13D filed on October 15, 2002. L Assumption and Adherence Agreement, dated October 4, 2002. This Exhibit is incorporated by reference to Exhibit L in Amendment No. 21 to this Schedule 13D filed on October 15, 2002. M Form of Warrant Agreement and Schedule Identifying Material Details.This Exhibit is incorporated by reference to Exhibit M in Amendment No. 23 to this Schedule 13D filed on January 22, 2003. N Limited Power of Attorney of Timothy S. Durham. This Exhibit is incorporated by reference to Exhibit N in Amendment No. 23 to this Schedule 13D filed on January 22, 2003. O Limited Power of Attorney of Paul Skjodt. This Exhibit is incorporated by reference to Exhibit O in Amendment No. 23 to this Schedule 13D filed on January 22, 2003. P Limited Power of Attorney of Judy B. Laikin. This Exhibit is incorporated by reference to Exhibit P in Amendment No. 23 to this Schedule 13D filed on January 22, 2003. EXHIBIT A JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the persons named below agree to the joint filing of a statement on Schedule 13D, including amendments thereto, with respect to the common shares, no par value, of J2 Communications, a California corporation, and further agree that this Joint Filing Agreement be included as an exhibit to such filings, provided that, as contemplated by Section 13d-1(k)(1)(ii), no person shall be responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be executed in any number of counterparts, all of which collectively shall constitute one and the same instrument. Dated: October 11, 2002 /s/ Daniel S. Laikin - ---------------------------------------- DANIEL S. LAIKIN /s/ Paul Skjodt - ---------------------------------------- PAUL SKJODT SAMERIAN LLP /s/ Paul Skjodt - ---------------------------------------- By: Paul Skjodt Its: Managing Member /s/ Timothy S. Durham - ---------------------------------------- TIMOTHY S. DURHAM DIAMOND INVESTMENTS, LLC /s/ Timothy S. Durham - ---------------------------------------- By: Timothy S. Durham Its: Managing Member DW LEASING COMPANY, LLC /s/ Timothy S. Durham - ---------------------------------------- By: Timothy S. Durham Its: Managing Member /s/ Judy B. Laikin - ---------------------------------------- JUDY B. LAIKIN NATIONAL LAMPOON ACQUISITION GROUP LLC /s/ Daniel S. Laikin - ---------------------------------------- By: Daniel S. Laikin Its: Managing Member DC INVESTMENTS, LLC /s/ Timothy Durham - ---------------------------------------- By: Timothy Durham Its: Managing Member /s/ Betty A. Morgan - ---------------------------------------- BETTY A. MORGAN -----END PRIVACY-ENHANCED MESSAGE-----